Westminster Announces Closing of First Tranche of NonBrokered Private Placement

Vancouver, British Columbia–(Newsfile Corp. – August 3, 2017) – Westminster Resources Ltd. (TSXV: WMR) (FSE: TQ08W1)
is pleased to announce that it has received Conditional Approval from the TSX Venture Exchange for its non-brokered private
placement previously announced on July 19, 2017 (the “Private Placement) and is pleased to announce a first tranche (the “First
Tranche”) closing of its non-brokered private placement. The First Tranche closing consisted of the issuance of a total of
3,820,000 Units at a price of $0.20 per unit for gross proceeds of $764,000.
The Conditional Approval is for the issuance of up to 7.5 million units at a price of $0.20 per unit for gross proceeds of up to
$1,500,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share
purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from
the closing of the private placement. A finder’s fee commensurate with TSX Venture Exchange policies will be paid where
applicable.